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i wonder if they suspended purchases until the info about a possible sale of some of liberty's shares came out so the buybacks can now help support the price while Liberty's sales are going on...

It's possible Bass, though I think the smart thing to do would be for Liberty to sell Directly to SIRI at a negotiated/pre determined price and retired immediately without having to go through the market. EDIT: What ever the price might be.....3.75>>>>3.95...doesn't really matter in the grand scheme of things and would take those shares out and reduce shares outstanding immediately which would be a positive.

As for todays action....looks like we may be in consolidation/pause/dip mode with the AppleRadio announcement early next week.

Sell the rumor and buy the news would be nice.

EDIT2: Roughly 195 mn shares that Liberty would need to sell to get down to 50%

EDIT3: Yes, a higher price would cost SIRI more today but by this time next year they will been seen as a bargain if the price is at $5.